HTLD Stock Recent News

Truckload carrier Heartland Express expects the current freight environment marked by soft demand and rate pressure to last another one to two quarters. Heartland (NASDAQ: HTLD) reported first-quarter earnings per share of 16 cents late Thursday, a 2-cent miss, according to Seeking Alpha.

Heartland saw weaker operating earnings in the fourth quarter, with the business pressured by weaker freight demand, a weaker market for used equipment, and the inclusion of less-efficient acquired businesses. Trucking continues to correct, with spot rates down over 20% on weak freight demand and still-abundant capacity.

Truckload carrier Heartland Express reported only a slight increase in operating income for the fourth quarter despite making acquisitions that doubled the size of the company. Compared to the year-ago quarter Heartland's (NASDAQ: HTLD) consolidated revenue increased 140% with adjusted operating income moving just 2% higher.

NORTH LIBERTY, Iowa, Feb. 03, 2023 (GLOBE NEWSWIRE) -- Heartland Express, Inc. (Nasdaq: HTLD) announced that on Tuesday, February 7, 2023, Chris Strain, Chief Financial Officer, and Josh Helmich, Vice President, Controller, and Corporate Secretary will participate in the Stifel 2023 Transportation & Logistics Conference.

Heartland Express, Inc. maintains stable performance amidst market volatility. The company outperforms the market with its above-peer-average revenue growth and margins.

Heartland posted mixed third quarter results, with better revenue and weaker operating ratio than expected, but in-line EPS. Management acknowledged signs of weakness in the freight market, but believes they will still see single-digit contract price increases in 2023, as well as expense synergies from recent M&A.

NORTH LIBERTY, Iowa, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Heartland Express, Inc. (Nasdaq: HTLD) announced today that on Tuesday, November 8, 2022, Mike Gerdin, Chief Executive Officer and Chris Strain, Chief Financial Officer, will present at Baird's 2022 Global Industrial Conference at 9:40 am (central time).

As the stock market correction deepens, trucking stocks like Covenant, Marten, Heartland Express and Knight-Swift are holding up well. The post Trucking Stocks Race Up Rankings As Stock Market Correction Deepens appeared first on Investor's Business Daily.

With the Zacks Transportation Sector carrying such a favorable rank, let's look at three highly-ranked stocks in the realm.

The heavy selling pressure might have exhausted for Heartland Express (HTLD) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.